Regardless of what you feel about vaccines, this would seem to me to be an overreach of government power.

Smart Debt TermsDebt is very powerful!

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

@Andrew MichaudAndrew, for your first deal look at the long term resail potential for the property ( location) , and cash on cash return, meaning in how many month can you return your innitial investment, so you have enough power to invest in other things after that.Because think about that.

its kinda hard using the calculator without knowing alot of some of the costs for rehad and such things like that. i live in newark nj and the market im in lends to a lot of low income housing and areas that are prime for renovation but taxes here are around 5k and up (essex county). however there are some gems to be bought using the BRRRR strategy would definetely be ideal. if any one would like to help me understand how to properly use the calculator or at least show me what they put into the calculator for a property near me i would be greatly indebted.also my days off are saturday and sunday if anyone would like help with anything in my power id greatly help to earn the knowledge that would be bestowed upon me.i hope everyone is enjoying this weather btw i know corona is still around but i hope everyone is in good health and spirits.

I'm also a lender with a MBA in finance and I understand the power financing can have with scaling your business quicker so I may be biased.

aIs this just a side job for this contractor? 

Also consider a battery-powered backup in case the power fails.

Knowledge is power, after all. 

If the home owner is not of sound mind, they will not legally allow her to sell the home unless someone in her family has power of attorney.